gnulaw (51.72)

Ali Jenab Resigns as CEO of (NASDAQ:LNUX)

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"...The company has formed a search committee and will begin a search for a new CEO immediately.

SourceForge also said it "intends to take aggressive steps" to accelerate the growth of its core Internet properties: Slashdot, SourceForge.net and ThinkGeek.

"These sites represent a truly unique set of Internet assets and there is more we can be doing to make them better and more engaging for our users," said Neumeister. "We are focused on aggressively pursuing our plans for each of these sites and making opportunistic investments that will enable us to reach our objectives faster..."source

"...SourceForge Schedules Investor Update Conference Call MOUNTAIN VIEW, CA, Jun 10, 2008 (MARKET WIRE via COMTEX News Network) -- SourceForge, Inc. (NASDAQ: LNUX), the leader in IT community-driven media and e-commerce, today announced that it will host a conference call and Q&A session for investors and analysts on Wednesday, June 11, 2008 at 5:30 am PT / 8:30 am ET. Management will discuss aggressive steps to be taken that will accelerate growth of its core Internet properties, as outlined in a press release issued by the company under separate cover today..."